““Soon, challenges against the Post's ownership of two television stations in Florida were filed with the Federal Communications Commission. The price of Post stock on the American Exchange dropped by almost 50 percent. Among the challengers - forming the organizations of 'citizens' who proposed to become the new FCC licensees - were several persons long associated with the President. -- Carl Bernsein, Bob Woodward””
![“The reality is that the media are probably the most powerful of all our institutions today and they, or rather we [journalists], too often are squandering our power and ignoring our obligations. The consequence of our abdication of responsibility is the ugly spectacle of idiot culture!” quote by Carl Bernstein](https://sms4smile.com/quotes/img-quotes/86a/carl-bernstein-10988_abdication_the-reality-is-that-the-media-are-probab_59464.jpg)
